Umbrella Insurance in Michigan

Most people confuse umbrella insurance and excess higher liability insurance as the same thing. However, there are some key distinguishing factors between the two.

Excess liability covers losses above the limits of your primary insurance policy. However, umbrella liability offers higher liability limits and also provides coverage where your primary policy may not.

While both an excess liability and an umbrella policy offer higher limits of protection that exceed the limits of a base liability policy, an umbrella policy broadens the scope of coverage as well.

Basically, you can apply umbrella insurance when there’s no insurance to cover the losses. Whereas excess insurance solely protects damages that are protected by the primary insurance policy.

Interested in learning more about umbrella insurance in Michigan? Contact our team today.

Commercial Umbrella Insurance in Michigan

Businesses and corporations can also purchase commercial umbrella policies. This provides an extra layer of liability protection that goes beyond your underlying liability coverage limits.

However, umbrella insurance doesn’t serve as a standalone policy. It compliments your existing liability coverage, such as commercial general liability insurance.

Not Sure If Umbrella Insurance Is Right For You?

Umbrella policies are typically very affordable and the increased protection can be invaluable.

At Insurance Network Agency, we’ll work to find the right umbrella insurance coverage for you or your business’ needs. Contact us today to get started.